Abhinav Singh has a piece on arrogance of policymaking.
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
10 Jun 2015 Leave a comment
in economics
Abhinav Singh has a piece on arrogance of policymaking.
View original post 687 more words
10 Jun 2015 Leave a comment
Divorces and marriages in #Britain since 1900
(From: bit.ly/1v0QB8l ) http://t.co/pJHYtjPfWv—
Max Roser (@MaxCRoser) May 10, 2015
10 Jun 2015 Leave a comment
in energy economics, environmental economics, global warming, politics - USA Tags: expressive voting, geothermal power, hydroelectric power, rational ignorance, rational irrationality, renewable energy, solar power, tidal power, wind power
10 Jun 2015 1 Comment
in economics
During the hot summer of 1980, climate scientists convinced themselves that it was due to global warming, because that was what they expected to find.
The actual data provided no support for this idea, as hot temperatures peaked in the 1930’s and have been declining ever since.
These climate geniuses apparently believe that they can determine a trend from a single data point, and specifically ignore all other data points. AKA – incompetent hacks
10 Jun 2015 Leave a comment
in economics
Big Picture News, Informed Analysis
It is not the business of today’s politicians to decide which energy sources will be used 85 years from now.
In 1930, horse-drawn wagons were still common. That year, the first traffic lights were installed in New York City, and the first East-West crossing of the Atlantic took place via airplane. Vaccines for illness such as diphtheria, tetanus, cholera, typhoid, and tuberculosis were yet to be discovered. This was a world without television, without computers, and in which telephones were definitely not portable.
How ridiculous would it have been for political leaders back in 1930 to decide how we, here in 2015, should live? In an era before large hydro electric dams and nuclear reactors, how sensible would it have been for US President Herbert Hoover, British PM Ramsay MacDonald, and German Chancellor Heinrich Brüning to decide what energy sources societies should rely on…
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10 Jun 2015 Leave a comment
in business cycles, economic growth, economic history, entrepreneurship, financial economics, macroeconomics Tags: active investing, efficient market hypothesis, entrepreneurial alertness, passive investing
Here’s how Warren Buffett sees the stock market read.bi/1HsUe1p http://t.co/Zm6fDTYpf9—
BI Chart of the Day (@chartoftheday) April 23, 2015
10 Jun 2015 Leave a comment
in politics - USA, Public Choice Tags: campaign finance regulation, expressive voting, rational ignorance, rational irrationality
10 Jun 2015 Leave a comment
in economics of education, human capital, labour economics, labour supply, occupational choice, politics - Australia, politics - New Zealand, politics - USA Tags: teachers pay
10 Jun 2015 Leave a comment
in economic history, entrepreneurship Tags: economics of advertising, entrepreneurial alertness, McDonald's
Vintage McDonald’s Advertisements in the 1960s http://t.co/XnKaW8Burn—
History Pics (@HistoryPixs) February 24, 2014
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